BPM Reflective Analysis
With reference to the changing business environment due to the aspects of globalization, advancement in technology as well as liberalization of markets, competition and revolutions in corporate world has been realized. The issue of competition has been the most devastating in that it has forced business to engage in more rigorous strategies hence encountering more costs and less profit. Nevertheless, the evolution and advancement of technology has been of great importance to the success and sustainability of businesses. In this case it has offered sustainable and efficient solutions that help in the management of business process. With emergence and development of technology, efficiency and effectiveness in management of business processes has been realized. Some of the vital tools and approaches for enhancing business process management include, Enterprise Resource Planning (ERP), Six Sigma and Lean, as well as BPM Technology (BPM Suites). All these tools and approaches in BPM help in enhancing efficiency and effectiveness. This paper will provide an in-depth reflection on the concepts of ERP, Six Sigma and Lean, and BPM Technology in facilitating BPM.